Tag Archives: Breon Corcoran

Betfair plc posted its opening Q1 2015 financial performance for the three month period ending 31 July 2014. The London listed operator posted a strong opening which saw net gaming revenues up 30% to £117.3 million (Q1 2014: £90.4 million).  Its sports betting division posted a 30% net revenue increase to £83 million (Q1 2014 £64 million), igaming divisions further …

Betfair PLC today announces that it has sold its 50% stake in Betfair Australasia Pty Limited (“Betfair Australia”) to joint-venture partner Crown Resorts Limited Betfair has concurrently entered into an agreement with Crown to continue to provide its betting exchange in Australasia under a B2B model and will receive a share of revenues generated by the exchange in those markets. …

Igaming and sports betting exchange operators Befair stated that it was on course to hit its full year performance targets, following a strong third quarter performance. The operator had witnessed positive results with revenues increasing by 5% to £95.8m driven by a 12% increase in its regulated market operations. Betfair had also seen a positive impact on its EBITA earnings …